On April 19, 2016, the Ontario Court of Appeal released its decision in Iroquois Falls Power Corporation v. Ontario Electricity Financial Corporation.

These regulatory decisions analyzed a utility's ability to recover operating and capital costs from consumers through rate-setting, and the methodology to be used in approving rate increases.

In light of the anticipated release of Ontario’s new long term energy plan ("2013 LTEP") near the end of November, we wanted to provide a summary of our colleague George Vegh’s paper, "Energy Planning: The Case for a Less Prescriptive Approach" George is the head of McCarthy Tétrault’s energy regulatory practice.